Why do many investors firms outside of China not advising to buy Alibaba stocks?

Question

Jack Ma, CEO of Alibaba has have negotiations with Hong Kong Stock Exchange for years hoping to have its IPO listed in Hong Kong and to give Jack more decision-making power in control of Alibaba's Board but is being turned down by HK Stock Exchange to safeguard smaller investors.

As we all know CCP-China is a country full of scams, fakes, counterfeits on top of a secretive government in its policy-making and censorship of news which are all unfavorable to investors.

Anonymous · Accepted Answer

Several folds:nn. Secret dealing stuff has been common practice.n. Lower credibility of the numbers.n. Shareholders rights?n. Who are behind the scene and will be making all the money (highest ranking CCP families acquired chunks of the company.)n. PRC politics can greatly affect the stock price.n. Also take reference of PRC stock indexes - PRC announced annual GDP growth has been > 8% for many years, but today, the stock index is still under water comparing with late 2006.nnIn the book of One Thousand and One Nights  - aside of Ali, there are 40 thieves.

Sorry Boys I&#39;M Taken · Answer

They said the same thing about Google's IPO.

We left and returned! · Answer

Um...Because "they are intelligent investor firms that can spot frauds" appears to be the correct answer.

@Pray - I suggest that you pray you possess enough self-righteous power to feed all the hungry babies that you wish to create in an already over-populated world.

Anonymous · Answer

occupy hong kong

Why do many investors firms outside of China not advising to buy Alibaba stocks?

Answers